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KPMA vows to stamp out illegal practices
The Korea Pharmaceutical Manufacturers Association (KPMA) has recently issued a statement declaring a launch of a compliance program (CP) for fair trade, stressing that the industry should now try to sharpen their bus...
Wholesaling industry to clean house
The domestic wholesalers pledged to improve unethical business practices in the pharmacy sector.
In a forthcoming information session on December 16, wholesalers will reaffirm their commitment and cooperation in ta...
Estech Pharma signs MRI contrast agents export deal
Local drug maker Estech Phama has signed a contract with an affiliated company of Agfa Healthcare in Europe to export a newly developed medical contrast medium that can enhance images of cancer cells through magnetic ...
Competition tough for new pharmacy schools
Aspiring applicants are facing fierce competition to join the nation’s 14 new pharmacy schools nationwide, with an average completion rate of 10.02 percent.
Sources say that the 14 pharmacy schools will select 350 ...
Pharmaceutical firms still sweating over 2011 plan
Korea’s leading pharmaceutical companies are still struggling to finalize their business plans for the new year, according to industry officials who participated in a meeting with the Korea Pharmaceutical Manufacturer...
Items for comparative clinical trial to be waived from re-assessment of bioequivalence testing
Medicines which are designed to conduct a comparative clinical study with an original brand product will be exempted from the re-evaluation plan of bioequivalence testing, according to the Korea Food and Drug Administ...
More clinics and pharmacies to open at night
More clinics and pharmacies will be able to open at night thanks to deregulation of rules regarding making profits after normal' working hours.
The Ministry of Health and Welfare said yesterday that it will ease re...
Civic group calls for loose rules on drug sales
For the sake of public health at night, the government will have to push for a regulation change to allow over-the-counter drugs to be sold at supermarkets and other non-pharmaceutical stores, the Citizens’ Coalition ...
Janssen Korea new CEO
Janssen Korea says it has named Kim Sang-jin, CEO of Janssen Taiwan, to replace Choi Tai-hong. Kim will serve as CEO of Janssen Korea on Jan. 1, 2009.
Company officials said Kim was credited with his leadership in ...
Foreign generics will hurt local pharmaceutical sector
There are growing concerns over the movement of foreign generic makers, such as Rabaxy and Teva, to make inroads into the Korean market if a U.S.-Korea free trade agreement goes through.
This worst-case scenario, i...
